Ampleforth Arms

53 Collinwood Road, Oxford, OX3 8HH

  • Ampleforth Arms Oxford
  • Ampleforth Arms Oxford
  • Ampleforth Arms Oxford

Ampleforth Arms

Rare Opportunity in Residential Oxford

The Ampleforth Arms which is due to receive a significant investment of £326k, is ideally positioned at the very heart of Risinghurst, Oxford. The planned works combined with the superb demographics of affluent families and young professionals, provides an excellent opportunity for an experienced publican or entrepreneur.

The future vision for the site is to unify the currently disjointed bar areas, thus creating one single, open plan trading area with a completely new look and feel. A planned change of name will create a new identity. Currently a wet led site, the pub would benefit from a wonderful classic food menu, whilst still attracting locals with great drinks and an even better atmosphere.

To see an example of a recently completed refurbishment click here.

Experienced Operator Wanted

Do you have a passion for customer service and running a fantastic community site? If so we want to hear from you. As we are willing to invest a significant amount of capital into the pub, we want someone who can run this fantastic community local to a high standard!

Pub Features

  • Rolling Tenancy
  • Refurbishment Planned
  • Live Sports
  • Cask Ale

Trading Area & Facilities

Externally, the pub will receive a new lighting and signage scheme as part of the planned works. Works will also be completed on the rear secure garden and decking area to encourage families to stay and relax during the warmer summer months.

Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.

Where a significant investment is made in a pub by Star Pubs & Bars, an "Investment Exemption" will be required. The exemption means that the option of a Market Rent Option lease won't be available at rent review for a period of up to seven years for this site, as per The Pub Code (2016).

Private Accommodation

Private accommodation consists of three bedrooms, a lounge and kitchen. In line with our Ready To Trade promise, we will ensure your property is in good repair so you can focus your energy on your new business.

Premises Licence Details

Please see full Premises Licence for details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 10:00 - 00:30 10:00 - 01:30 10:00 - 01:30 10:00 - 23:30

Financials

Annual Rent £
39,000
Estimated Annual FMOP (Licensee Profit) £
41,633
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
458,356
Estimated Annual Barrelage
255

“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
48,272
Estimated Fixtures & Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,000
Deposit Amount £
9,750
Rent In Advance £
3,250
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
68,467
Estimated Minimum Ingoing Costs £
60,967

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
TBC
Estimated Annual Maintenance Compliance Charge £
TBC
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6,108

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased